DURHAM, NC - The world's
best brand management companies treat their brands like other major corporate
assets, according to a new report from business research firm Cutting Edge
Information. The report, released today, reveals how top companies adopt
formal brand management strategies to maximize the value of their brands.
"Maximizing Your Brand Value" looks at how companies such as
Coca-Cola, IBM, General Electric, McDonald's, Boeing, Gucci and Wal-Mart
increase their shareholders' value by strengthening their brands. These
companies recognize the value of their brands beyond day-to-day marketing,
and they achieve long-term competitive advantage based on customers' loyalty
to a brand's image and reputation.
Information about "Maximizing Your Brand Value" is available
online at http://www.cuttingedgeinfo.com/Reports/FL51_BrandMgmt.htm. The
report features innovative practices from 45 top companies in 14 industries.
For example, one consumer goods company started its "rebranding" effort
with the explicit goal of making itself both the most interesting and the
most trusted brand in its market. Building on elements of its traditional
marketing, the company launched a new multimedia campaign intended to develop
closer relationships with customers, vendors and franchisees. The company
enjoyed great success with this "top-to-bottom" review -it has
seen benefits in several key indicators:
* Greater sales per location
* More franchisee applications
* Coupon-based relationship management system in place and driving greater
per-customer sales
* Greater sales in "off-peak" time periods
"These companies create billions of dollars in shareholder value
with smart branding," says Cutting Edge Information CEO Jason Richardson. "This
is the knowledge and service economy in action: your reputation is more
valuable than your factory or your lab. B2B and B2C customers want reliability
and quality - your brand reminds them that you have both."
To view
the online summary of this report and our Five Principles for Brand Management
Success, visit http://www.cuttingedgeinfo.com/Reports/FL51_BrandMgmt.htm.
For more information about this report, contact Adam Bianchi at adam_bianchi@cuttingedgeinfo.com
or 919-403-6583.
Cutting Edge Information is your one-stop shop for real-company business
research. Our reports will help you and your team execute strategy, understand
key business issues, and prepare for meetings and presentations with key
executives. Move ahead of your competition with Information from the Cutting
Edge. For more information, call 919-403-6583 or visit http://www.CuttingEdgeInfo.com/.
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